| Rank | Bib | Name | Year | Club | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|
| 1 | 23 | Ívar Trausti Jósafatsson | 1961 | Komaso | 00:37:59 | 00:37:57 | ||
| 2 | 34 | Margeir Kúld Eiríksson | 1965 | 00:40:34 | +02:35 | 00:40:31 | ||
| 3 | 170 | Hallgrímur Vignir Jónsson | 1969 | 00:42:44 | +04:45 | 00:42:40 | ||
| 4 | 18 | Ágúst Óli Hróðmarsson | 1976 | umfs | 00:42:50 | +04:51 | 00:42:46 | |
| 5 | 179 | Eiríkur Jónsson | 1977 | 00:42:54 | +04:55 | 00:42:50 | ||
| 6 | 55 | Haraldur Haraldsson | 1967 | 00:43:40 | +05:41 | 00:43:36 | ||
| 7 | 123 | Trausti Jarl Valdimarsson | 1957 | Ægir3 | 00:44:19 | +06:20 | 00:44:17 | |
| 8 | 16 | G. Maley | 1960 | Scotia | 00:45:53 | +07:54 | 00:45:50 | |
| 9 | 169 | Björn Rúnar Lúðvíksson | 1964 | 00:46:22 | +08:23 | 00:46:16 | ||
| 10 | 57 | Þorsteinn Andrésson | 1968 | 00:46:37 | +08:38 | 00:46:31 | ||
| 11 | 56 | Stefán Georgsson | 1972 | Skokkhópur Hauka | 00:48:10 | +10:11 | 00:48:06 | |
| 12 | 37 | Sigurður Jón Gunnarsson | 1971 | 00:48:51 | +10:52 | 00:48:47 | ||
| 13 | 24 | Karl Gudjon Karlsson | 1974 | 00:49:35 | +11:36 | 00:49:31 | ||
| 14 | 15 | Kristján Jóhann Kristjánsson | 1977 | 00:49:58 | +11:59 | 00:49:47 | ||
| 15 | 20 | Ragnar Heiðar Guðjónsson | 1974 | 00:51:05 | +13:06 | 00:50:55 | ||
| 16 | 49 | Sigurður Andri Sigurðsson | 1970 | 00:52:04 | +14:05 | 00:51:55 | ||
| 17 | 172 | Benedikt S. Benediktsson | 1974 | 00:52:13 | +14:14 | 00:52:08 | ||
| 18 | 35 | Sigurður Konráðsson | 1953 | 00:54:51 | +16:52 | |||
| 19 | 71 | Einar Þór Bjarnason | 1962 | 00:55:20 | +17:21 | 00:55:12 | ||
| 20 | 73 | Páll Sigurðsson | 1962 | 00:55:41 | +17:42 | 00:55:32 | ||
| 21 | 166 | Eiríkur R. Eiríksson | 1974 | 00:57:55 | +19:56 | 00:57:45 | ||
| 22 | 180 | Gísli Hansen Guðmundsson | 1957 | 00:59:50 | +21:51 | 00:59:39 |